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November 3, 2023
The Delhi High Court had upheld the decision of the Income Tax Appellate Tribunal (ITAT) on the selection of comparables for the determination of the arm’s length price of an international...
November 3, 2023
The NCAA’s alternative adjudicative body, the Independent Accountability Resolution Process (IARP), determined that the apparel company sponsorship agreement did not make the company a...
November 2, 2023
Leading oral care products maker Colgate-Palmolive (India) has received a Rs 170 crore Transfer Pricing Order from Income Tax authorities disallowing certain international transactions. The Transfer Pricing Order is for the financial year 2021-22. Transfer Pricing refers to the pricing of
October 31, 2023
Transfer Pricing refers to the pricing of cross-border transactions between two related entities. The company will take this before the Dispute Resolution Panel and is awaiting completion of the assessment proceedings, Colgate-Palmolive (India) Ltd said in regulatory updates on Monday evening.
October 24, 2023
The Delhi High Court has held that information technology and other administrative services provided by the respondent or assessee to its affiliate in India could be construed as fees for technical...
October 21, 2023
KU coach Bill Self says he’s ‘relieved’ after NCAA case. But it’s clearly more than that.
October 19, 2023
Oklahoma State men's basketball coach Mike Boynton believes the team is owed an apology by the NCAA after other schools, most recently Kansas, failed to…
October 17, 2023
The Delhi High Court has held that the appellate authorities are not precluded from adopting a method different from that adopted by the assessee in the transfer pricing report.The bench of Justice...
October 12, 2023
The Kansas men's basketball program was put on probation and ordered to take down its 2018 Final Four banner but escaped a postseason ban Wednesday, when an independent panel created by the NCAA to handle complex cases downgraded five Level I violations lodged against the Jayhawks.
October 12, 2023
LAWRENCE (KSNT) – KU Athletics released an official statement from its chancellor and athletic director on Tuesday, in response to the IRP’s rulings on the NCAA investigation. The Independent Accountability Resolution Process (IARP) charged KU with two Level II violations and two Level III violations for the institution. Click here for more details. The statement, […]